Bitcoin hit $11,395 last week, capping a boom that started a year ago and accelerated dramatically in recent days, despite a chorus of warnings about its threat to financial stability and potential for criminal exploitation.

Yesterday, bitcoin hovered close to an all-time high of US$11,800 set on Sunday after the USA derivatives regulator allowed CME Group and CBOE Global Markets to list bitcoin futures.

Former Olympic rowers Cameron and Tyler Winklevoss disclosed in 2013 that they owned $11 million worth of bitcoin.

If the Winklevii bought in at $120, which is entirely possible given the trading range, they would have gotten roughly 91,666 bitcoins.

The digital currency retraced some of its gains Sunday after hitting the peak. They later also spent nearly $1 million to buy more bitcoin later in 2013, right after Silk Road, an illicit marketplace on the so-called dark web, was seized by the Federal Bureau of Investigation.

Bitcoin's rise comes amid continued interest in the digital currency from both ordinary investors and institutions. The Telegraph noted that the Winklevoss twins have been long-term Bitcoin bulls. The pair launched a business called Gemini in October 2015, one of the first regulated and licensed digital currency exchanges.

There is also a steady increase in interest from institutional investors. Last week it emerged that exchange operator Nasdaq could follow rival CME Group in launching bitcoin future contracts next year, a sign that professional investors are increasingly taking the asset seriously. At today's price of $11,200, 100,000 bitcoins are worth $1.12 billion.

Whether this will affect how the coin is traded remains to be seen.

What the Winklevii is are two people now holding just over $1 billion worth of bitcoin, and that's fantastic.

Ohio State outlasts Wisconsin to win Big Ten ChampionshipDec 04, 2017 - 01:39
The committee ranked Ohio State fifth after much debate over whether the Buckeyes would take the No. 4 spot over the Crimson Tide. Ohio State's victory against previously unbeaten Wisconsin was their third of note as it pertains to the CFP rankings.

NASA uses 'Plan B' to reorient Voyager 1 in interstellar spaceDec 04, 2017 - 01:27
The need to use them is not as immediate, however, because the primary thrusters of Voyager 2 have not significantly degraded. And yet, when scientists at the NASA Jet Propulsion Laboratory chose to try firing up its old thrusters, they still worked.

New England Patriots closing in on AFC East titleDec 04, 2017 - 01:12
In what had the makings of a competitive game early, the Patriots pulled away for a convincing 23-3 win over the Bills on Sunday. Then they did the weirdest thing and benched quarterback Tyrod Taylor despite him playing well and the team winning.

First (and last) supermoon of 2017 is comingDec 03, 2017 - 01:23
In the United Kingdom , the supermoon will reach the peak of its full phase at 3.47pm on 3 December, according to the Met Office. The best time to see it will be as the moon rises just after sunset, according to National Geographic .

Tiger Woods strong again at Hero World ChampionshipDec 02, 2017 - 01:03
He struggled with his chip shots, often faltering on the par 5s, that saw him placed at 1-under after the first nine holes. His first birdie came on the first when a 96-yard approach shot landed five feet from the hole for a simple birdie putt.

Authorities issue AMBER Alert for missing 3-year-old girlDec 02, 2017 - 00:59
Information can also be anonymously texted via Text-A-Tip by typing TIP4CSJAX and your message to 274637 (CRIMES). Her mother said she could not find the girl on Monday morning, leading police to issue an Amber Alert bulletin.